419 Lee Burbank Hwy - Commercial LAND FOR SALE


Revere, MA 02151- Crescent Beach11,326 SF
$1,100,000 USD
781-883-0707
419 Lee Burbank Hwy, Revere, MA for Sale
$1,100,000 USD
Commercial LAND - FOR SALE
1/4
11,326 SF

419 Lee Burbank Hwy
Revere, MA 02151
Crescent Beach


HIGHLIGHTS

  • Prime corridor with easy access to Route 1A, Route 60, and I-90
  • Near Revere Beach, shopping, restaurants, and major employment centers
  • 10 minutes to Logan Airport, 15 minutes to Downtown Boston

OVERVIEW

Developers: $55,000 a key great deal! All Approvals. No Delays. 419 Lee Burbank Highway is a ready-to-build 20-unit market-rate project in a booming Revere corridor. Build fast, lease strong, and capture Boston-area demand. Close to the Everett Casino and the new expanding Suffolk Downs development. Large units 800 sqft, all 1 bedroom with an office. DEVELOPMENT SUMMARY • Site: Fully approved 20-unit multi-family project with complete architectural drawings by LR Designs Inc. • Zoning: approved use for multi-family residential development. • Parking: On-site surface parking per approved plan (see attached schematics). • Design: Four-story building with 20 large 1-bedroom apartments with large office bedroom layouts, common lobby, and possible rooftop amenity area. • Transit: Minutes to Logan Airport and Downtown Boston via MBTA Blue Line and Route 1A. INVESTMENT HIGHLIGHTS • All Market Rate Units – No affordability restrictions; maximize rental revenue. • Transit-Oriented Location – High-demand Revere corridor with limited new supply. • Strong Rents – Revere/East Boston corridor commands robust rents: • Large 1-Bed w/ bonus large office: $2,400 – $2,800 • *Luxury new construction achieves 10–15% premium over these ranges.* • Growth Potential – Rents expected to rise 3–5% annually as Revere’s housing market tightens. • Turn-Key Development – All architectural, civil, and zoning approvals secured and transferable.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/ACRE

$4,230,769/AC

PRICE/SF

$97 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Multi-Family

LAND ACRES

0.26 AC

LAND SF

11,326 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

RB

APN/PARCEL ID

REVE-000007-000122B-000002

ASK ABOUT THIS PROPERTY

Frank PasciutoPasciuto & AssociatesMore Info
781-883-0707

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Frank PasciutoPasciuto & AssociatesMore Info
781-883-0707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.